At a Glance
- Tasks: Review applications, assess risks, and manage policy changes while processing claims.
- Company: Join a prestigious client in the financial services sector near Cirencester.
- Benefits: Enjoy hybrid working, private health cover, and extra leave for charity work.
- Why this job: Be part of a dynamic team focused on continuous improvement and strategic decision-making.
- Qualifications: Experience in a similar role with strong communication and organisational skills required.
- Other info: Ideal for current Underwriters or those in risk assessment roles.
The predicted salary is between 34000 - 45000 £ per year.
Underwriter required by prestigious client, based near Cirencester. The successful Underwriter will be responsible for reviewing applications, considering risk and agreeing terms accordingly.
Main Duties:
- Reviewing allocated applications, considering risk factors and formulating decisions on terms.
- Managing policy changes and exclusions.
- Processing claims misrepresentation cases.
- Responding to enquiries by telephone and email.
- Referral of cases when required.
- Carrying out analysis and producing reports.
- Contributing to continuous improvement of business processes.
The ideal candidate will be able to demonstrate the following:
- A background within a similar role gained within a Financial Services Environment.
- Excellent communication skills, with a consultative approach and the ability to influence others.
- Highly organised with the ability to prioritise workload.
- Able to make strategic business decisions.
- A strong understanding of the relevant legislation.
- Proficient with Microsoft Office.
What we can offer:
- Additional leave for charity work.
- Private health cover.
- Hybrid working.
- Enhanced pension.
If you are already an Underwriter, Risk Assessor, Protection Insurance Underwriter you may also be suitable for this role.
Underwriter employer: Omega Resource Group
Contact Detail:
Omega Resource Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter
✨Tip Number 1
Familiarise yourself with the specific risk factors relevant to the underwriting role. Understanding the nuances of different types of insurance and how they apply to various scenarios will help you stand out during interviews.
✨Tip Number 2
Brush up on your communication skills, especially in a consultative context. Being able to articulate your thought process and decisions clearly can demonstrate your ability to influence others effectively.
✨Tip Number 3
Showcase your organisational skills by preparing examples of how you've managed multiple tasks or projects simultaneously. This will highlight your ability to prioritise workload, which is crucial for an Underwriter.
✨Tip Number 4
Stay updated on relevant legislation and industry trends. Being knowledgeable about current regulations will not only help you in your role but also impress potential employers during discussions.
We think you need these skills to ace Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of an Underwriter. Familiarise yourself with the key duties mentioned in the job description, such as reviewing applications and managing policy changes.
Tailor Your CV: Customise your CV to highlight relevant experience in financial services and any previous underwriting roles. Emphasise your communication skills and ability to make strategic decisions, as these are crucial for the position.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the underwriting process and your consultative approach. Mention specific examples from your past experience that demonstrate your ability to influence others and manage risk effectively.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and presented professionally.
How to prepare for a job interview at Omega Resource Group
✨Know Your Risk Factors
Familiarise yourself with common risk factors in underwriting. Be prepared to discuss how you assess these risks and make decisions based on them, as this will demonstrate your expertise in the field.
✨Showcase Your Communication Skills
Since excellent communication is key for an Underwriter, practice articulating your thoughts clearly. Prepare examples of how you've influenced others or resolved conflicts in previous roles.
✨Demonstrate Organisational Skills
Be ready to discuss how you prioritise your workload and manage multiple applications. Share specific strategies or tools you use to stay organised, as this will highlight your ability to handle the demands of the role.
✨Understand Relevant Legislation
Brush up on the legislation relevant to underwriting. Being able to discuss how you ensure compliance in your decision-making process will show that you are knowledgeable and responsible in your approach.